Invest $5,000 in crypto and get a bonus $500. We are happy, but we want to see what comes next.”For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2021 Bloomberg L.P. You can be too safe with your money, even during a pandemic. Find the latest MINDA CORP LTD (MINDACORP.NS) stock quote, history, news and other vital information to help you with your stock trading and investing. What if I'm in my 40s and don't have a retirement fund? This is why Netflix shares are really going bonkers after the company's latest earnings report. Plus, Canadian crude’s price advantage has narrowed, and imports from the country have roughly doubled in a decade to a steady flow of more than 3.5 million barrels a day, without Keystone XL.“It’s not an issue for refiners,” said Robert Campbell, head of oil products research at Energy Aspects Ltd. “They can switch into domestic light. Historical data shows the stock market does well when Democrats are in charge. For a limited time, when you buy $5,000 of crypto on eToro, you’ll get a bonus $500. It gives investors a better sense of the value of a company. The sell-off also led to major corrections for other cryptocurrencies including ether, stellar, xrp and chainlink. : Stock has jumped by more than 25% in last three Month from its lowest level of 65.1 dt 15-Oct-20. The advantage is sustainable ahead of the battery cost parity, estimated at FY25 (LFP) and FY27 (NMC), making LI AUTO the automaker to turn OCF positive and profitable earlier vs peers." Minda Corp: strong Q2, attractive valuations, This auto ancillary has a bright outlook and is reasonably valued, buy, Buy this auto ancillary company with positive outlook and reasonable valuation, Buy Jamna Auto Industries; target of Rs 112: KR Choksey, Buy Exide Industries; target of Rs 266: LKP Research, Hind Composites: Outcome of board meeting, Rane Holdings appoints L Ganesh as Chairman and MD, Amtek Auto Q3 net loss widens to Rs 241.56 crore, Minda Corporation Q3 net profit slumps 36% to Rs 20 crore, Motherson Sumi Q3 net profit up 28.24% at Rs 547.32 cr, Sona Koyo Steering Q3 net up nearly 2-fold at Rs 8.91 cr, Exide Q3 profit seen flat at Rs 134 cr, revenue may increase 13%, Exide Inds. The recent gains in XPEV have pushed the price right slightly above the average price target of $51.25; the stock is now selling for $52.46. The higher the P/E ratio, the higher the price tag of a business, relative to its trailing earnings. Electric cars are growing in popularity, a trend fueled by social acceptance, the green mentality, and a recognition that the internal combustion engine does have its flaws. Photo courtesy of Tesla.See more from Benzinga * Click here for options trades from Benzinga * Investors Want A Chamath Palihapitiya ETF And They Might Get It Soon * Short Seller Andrew Left Goes Sour On Lemonade, Says Company Lies To Shareholders(C) 2021 Benzinga.com. Disclaimer: The opinions expressed in this article are solely those of the featured analyst. Price to Book Ratio PB vs Industry : MINDACORP is overvalued based on its PB Ratio (2.1x) compared to the IN Auto Components industry average (1.6x). Price to Earnings Ratio = Share Price ÷ Earnings per Share (EPS), P/E of 14.06 = ₹107.1 ÷ ₹7.62 (Based on the trailing twelve months to March 2019.). We aim to bring you long-term focused research analysis driven by fundamental data. Want to participate in a short research study? Its today's share price is 79. Thank you for reading. LI shares have a Strong Buy consensus rating, based on 6 reviews, including 5 Buys and 1 Hold. 1Y Return. We apply a WACC of 8.1% and terminal growth rate of 5% and come to target price of US$60," Lee explained. Q3 PAT may dip 28.2% to Rs 128.3 cr: Motilal Oswal, Bosch Q3 PAT may dip 27.3% to Rs 307.6 cr: Motilal Oswal, Minda Industries Q3 PAT may dip 28.3% to Rs 27.5 cr: KR Choksey, Checkout: Mehraboon Irani's Q3 hits and misses, IIFL's hits & misses: Mindtree a hit; Exide, Hero a miss, Exide can catch-up, Petronet going guns post Q1: Kimeng Sec. ReShape shares, which currently trade over the counter, rose 155%. Minda Industries Ltd stock PE Ratio (=686.07) is close to 10-year high of 686.5 BOM:532539' s PE Ratio Range Over the Past 10 Years Min: 0.63 Med: 21.37 Max: 689.43 Reproduction of news articles, photos, videos or any other content in whole or in part in any form 26.10%. The company has two models in production, the G3 SUV and the P7 sedan. As power has changed hands in the White House, we can expect these names -- and themes -- to benefit. Minda Corp - Looking weak if Breaks 149.00, Closing above 156 is positive for the stock. That’s a big deal, in the world’s largest electric car market. Since the IPO, the stock is up 127% and the company has reached a market cap of $37.4 billion. Spending on growth might be good or bad a few years later, but the point is that the P/E ratio does not account for the option (or lack thereof). Theoretically, a business can improve its earnings (and produce a lower P/E in the future) by investing in growth. Minda Corporation Balance Sheet, Latest Balance Sheet of Minda Corporation, Profit & Loss, Cash Flow, Ratios, Quarterly, Half-Yearly, Yearly financials info of Minda Corporation. Its current market capitalisation stands at Rs 1837.09 Cr. That isn't necessarily good or bad, but a high P/E implies relatively high expectations of what a company can achieve in the future. All rights reserved. The stock premiered on the NYSE on the last day of August, at a price of $23.10, and in the IPO the company raised $1.5 billion. Reproduction of news articles, photos, videos or any other content in whole or in part in any form or medium without express writtern permission of moneycontrol.com is prohibited. Minda Corp is now in break out of the Head and Shoulder pattern. Trump reversed that in 2017 on his fourth full day in office over the objections of environmental groups.TC Energy said it was “disappointed” and would suspend work on the project, leading to the layoff of thousands of workers. Susquehanna Financial Group analyst Christopher Rolland calculated that Intel would generate $600 million to $700 million more in fourth-quarter sales than expected. MINDACORP, BSE:538962- Keep track of all breaking news on Minda Corporation Ltd. from all sources at a single place. Minda Corporation Limited - Technical chart. The hurt would be on oil sands producers.”Sandy Fielden, director of oil research at Morningstar Inc., said doing away with Keystone in the short run won’t affect the supply of Canadian oil because of plans to expand another line and use existing infrastructure.“Those will be sufficient to meet local needs at least for now,” Fielden wrote in a statement. (See Nio stock analysis on TipRanks) XPeng, Inc. (XPEV) XPeng is another company, like Li, in the mid-range price level of China’s electric car market. Above industry Median. Minda Corporation has a poor ROE of - 24.1607375488526 %. The analyst added, "LI AUTO is the first in China to successfully commercialized extended-range electric vehicle (EREV) which is solution to drivers’ range anxiety and automakers’ high BOM. PEG Ratio: Insufficient data to calculate MINDACORP's PEG Ratio to determine if it is good value. The stock was the biggest gainer and most active on major U.S. exchanges on Wednesday. PhD who called Dotcom Crash and housing boom just predicted the biggest financial shift in 20 years. Minda Corp share price live updates on The Economic Times. The Price to Earnings Ratio (PE Ratio) is calculated by taking the stock price / EPS (ttm). However, with shares rallying 1016% over the past 52 weeks, there's little room for further growth -- at least according to Jefferies' Lee. Buy Reco % 12.50. .a{fill:#6db41e;stroke:#637733;}.b,.d{fill:none;}.b{stroke:#fff;}.c{stroke:none;}, Buy Minda Corporation; target of Rs 105: ICICI Direct, Reduce Minda Corporation; target of Rs 77: Dolat Capital Market, Minda Corp Consolidated September 2020 Net Sales at Rs 656.10 crore, down 10.79% Y-o-Y, Minda Corp Standalone September 2020 Net Sales at Rs 635.67 crore, up 20.18% Y-o-Y, Minda Corp Consolidated June 2020 Net Sales at Rs 177.96 crore, down 74.87% Y-o-Y, Minda Corp Standalone June 2020 Net Sales at Rs 169.11 crore, down 69.95% Y-o-Y, Minda Corp Q4 PAT seen up 126.7% YoY to Rs. Against this backdrop, Lee has picked out one Chinese EV stock that is worth owning, and two that investors should avoid for now. TSLA Price Action: Tesla shares ended Tuesday's session up 2.23% at $844.55. So one might expect an above average P/E ratio. The company could surprise by performing better than average, in the future. With a market cap of $90 billion, Nio is the largest of China’s domestic electric car manufacturers. Those share gains come as the company reported strong earnings. Current and historical p/e ratio for Nasdaq (NDAQ) from 2006 to 2020. Overall, Nio holds a Moderate Buy rating from the analyst consensus, with 13 reviews on record, which include 7 Buys and 6 Holds. Li Auto (LI) Chinese EV company Li Auto boasts of having the country’s single best-selling model of electric vehicle. In our DCF model, we factor in solid volume growth, positive net profit from FY24 and positive FCF from FY23. It's great to see that Minda grew EPS by 13% in the last year. The ROE is an important financial parameter because Auto companies work with high equity investments. "We use DCF method to value NIO. Its current market capitalisation stands at Rs 2102.7 Cr. Minda Corporation Q2 PAT seen up 24.3% to Rs 30.9 cr: Kotak Sec. Current and historical p/e ratio for Barrick Gold (GOLD) from 2006 to 2020. The Verdict On Minda's P/E Ratio. Is the price-earnings ratio for valuing a company that measures its current share price relative to its earnings per share. Know about Minda Corporation peers and competition. Fundamental, Stock Ideas, Multibaggers & Insights, Stock & Index F&O Trading Calls & Market Analysis, Positional and Intraday Trading Calls basis Noiseless Chart, Commodity Trading Calls & Market Analysis, Currency Derivatives Trading Calls & Insights, Options Trading Advice and Market Analysis, Model portfolios, Investment Ideas, Guru Screens and Much More, Proprietary system driven Rule Based Trading calls, Curated markets data, exclusive trading recommendations, Independent equity analysis & actionable investment ideas, Details stock report and investment recommendation, +123.55 (+0.85%) Right to work '' on it their debt to incur the research and manufacturing work so their debt to ratio... Any investment - Looking weak if Breaks 149.00, Closing above 156 is for! 'S latest earnings report $ 37.4 billion expected a higher P/E ratio indicates whether the earnings of company. 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